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20121204
20121204
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Search Results 0 to 20 of about 21 (some duplicates have been removed)
left to make a deal before the country hits what's called the fiscal cliff. that's a combination of across the board tax increases for everyone, coupled with cuts in spending like defense, education, health care, and housing assistance. let's go live to our chief white house correspondent jessica yellin with the very latest. jessica? >> reporter: president obama has now personally turned down speaker boehner's opening offer to avert the fiscal cliff. he did it in a tv interview. what does president obama think of speaker boehner's proposal to avert the fiscal cliff? >> unfortunately, the speaker's proposal right now is still out of balance. he talks about $800 billion worth of revenues but says he's going to do that by lowering rates. when you look at the math, it doesn't work. >> reporter: he won't agree to eliminate a tax deduction for contributions to charity. >> every hospital and university and nonfor profit agency across the country would find themselves on the verge of collapse. so that's not a realistic option. >> reporter: but the president didn't say all this to speaker
from plunging over the fiscal cliff. >>> three storms in one week. the west coast is getting hammered by rain. a live report minutes away for you. good morning. welcome to "early start" this tuesday morning. i'm christine romans. >> i'm zoraida sambolin. it's 5:00 a.m. in the east. >>> we begin with breaking news. iran claiming it has captured a u.s. drone. this is video from state television in tehran it shows two revolutionary guard commanders examining what appears to be an intact scan eagle drone. we don't know if it's the one they claim they captured. moments ago a u.s. defense official told barbara starr the u.s. navy has fully accounted for all unmanned vehicles operating in the middle east region. we have the latest developments now from cairo. a u.s. source says that if the iranians do have something, it is not an actively operating u.s. navy drone. what would that mean? could this actually be a fake? >> it could be. it's not clear right now, but iranian officials have a different story. we don't know when or how this u.s. drone was allegedly captured, but you can be sure ira
. nice to have you with us this evening. >>> just 29 days and counting from the fiscal cliff, the speaker of the house john boehner offers up his own plan today. and the white house has already offered up their response. >>> a little later, a photo in the trayvon martin case has been released in color. we'll show it to you. a new heir to the british thrown is on its way. it's a baby bonanza. one is for a clean, wedomestic energy future that puts us in control. our abundant natural gas is already saving us money, producing cleaner electricity, putting us to work here in america and supporting wind and solar. though all energy development comes with some risk, we're committed to safely and responsibly producing natural gas. it's not a dream. america's natural gas... putting us in control of our energy future, now. let's say you want to get ahead how do you get from here... to here? at university of phoenix we're moving career planning forward so you can start figuring that out sooner. ln fact, by thinking about where want your education to lead, while you're still in school, you might find
up his own plan to avoid the fiscal cliff today. does it add up? >>> and the u.s. ambassador to the united nations, susan rice comes under fire again. this time, it's over rwanda. let's go "outfront. >>> good evening, welcome, everyone. "outfront" tonight breaking news, president obama puts the syrian president on notice. the president is reacting to new evidence that assad's regime has started mixing chemicals to make deadly sarin gas, adding to its massive stockpile of chemical weapons. >> and today i want to make it absolutely clear to assad and those under his command, the world is watching. the use of chemical weapons is and would be totally unacceptable. and if you make the tragic mistake of using these weapons, there will be consequences and you will be held accountable. >> assad is on the edge of president obama's so-called red line against syria. the president said this summer that syria's use or movement of chemical weapons could mean u.s. intervention. so outfront tonight, barbara star. how exactly -- how clear is the evidence that they are moving in a new step wit
republicans want to solve washington's fiscal cliff dilemma, and what the democrats are saying about it. we'll talk about that, and much more with our special guest this morning, the former british prime minister tony blair is with us. but planes from iran. revolutionary guards showing off what they are claiming to be is a captured american drone. coming up why the pentagon says don't believe it. >>> and baby makes three at buckingham palace. the royal couple, will and kate, creating a media frenzy on both sides of the pond with word that they are expecting. we're going to go live to london. >> talk about this morning, in addition to tony blair, we're talking to democratic congressman xavier becerra, republican senator ron johnson from the state of wisconsin, also pat houston, whitney houston's sister-in-law and manager and jeopardy champion ken jennings written a new book. it's tuesday, december 4th, "starting point" begins right now. >>> welcome everybody, you're watching "starting point." we're honored this morning to have the former british prime minister tony blair with us as our guest
, these are taxes no matter how the fiscal cliff works out. and larry ellison knows it and pays to avoid a dividend tax. gets 200 million dollars. i'm still shaking my head. ambassador anna wintour? "varney & company" is about to begin. [ male announcer ] this is steve. he loves risk. but whether he's climbing everest, scuba diving the great barrier reef with sharks, or jumping into the marke hgoes with people he trusts, which ishy he trades with a company that doesn't nickel and dime im with hidden fs. he caworry about other things, like what the market is doing and being ready, no matter what happens, which isn't rocket science. it's just common sense, from td ameritrade. i heard you guys can sp ground for ss than the ups store. that's right. i've learned the only way to get a holiday deal is to camput. you know we've be open all night. is this a trick to t my st? male announcer break frothe holiday stss. save on ground shipping at fedex office. >> ambassador anna wintour, it's got an interesting ring, does it not? a new report says that president obama is considering the fashion magazine editor
republicans unveiling a bold proposal to avoid a so-called fiscal cliff. the white house didn't waste any time attacking it. kelly wright is live in washington with more on this. good morning, kelly. >> good morning to you. the back and forth is continuing in a letter with president obama. american people expect leaders to find fair middle ground with the nation's most pressing challenges. with that they propose is a counter over for the fiscal cliff. the republican plan has will00 billion for tax freerm 900 billion in mandatory spending cuts and 300 billion in discretionary cuts. the proposal falls short of what the president wants and cannot be taken seriously. >>> we understand they don't agree with everything the president has put on the table but we haven't seen alternatives for that. they have spoken about an avenue and that challenge is welcome. republican leaders have been adamant they don't believe rates ought to go up on the top 2 percent of wealthiest americans. the american people overwhelmingly disagree. the rates have to rise and republicans need to acknowledge that. >> the major
on the "fiscal cliff." >> and well wishes are pouring in for will and kate as brits make bets on whether it will be a boy, girl, twins or triplets. >>> hi, i'm meteorologist lawrence karnow live at the whole foods market in cupertino. if you have been looking for a way to help people for the holidays, we have a great idea for you plus we'll talk about that rain coming back all that in just a few minutes. ,,,,,,,,,,,,,,,, typhoon in the philippines. 33 villagers wer >>> at least 74 people are dead or missing following a powerful typhoon in the philippines. >> 33 villagers all swept way after a massive wave hit their emergency shelter there. the storm brought in 160-mile- per-hour winds ashore toppling trees and causing widespread power outages. >>> syrian violence is deadly for schoolchildren. state media reports 29 students and a teacher were killed when a mortar slammed into their school outside damascus. the report blames terrorists a term the government uses for rebels. >>> this is live look right now outside the presidential palace in cairo, egypt. this is where roughly 100,000 prot
's governors today on urgent talks to avoid that fiscal cliff. republicans and democrats in congress appeared no closer to a compromise. here's abc's tahman bradley. >> reporter: congressional republicans' counterproposal was dead on arrival. the white house quickly rejected the $2.2 trillion deficit reduction plan, that would raise $800 billion in tax revenue over the next decade. but the plan calls for raising the revenue without raising tax rates on top income earners, something the white house views as unacceptable. during a photo op, the president avoided questions about the gop plan. >> no deal better than a bad deal, sir? >> reporter: a senior white house official called the proposal a step backwards. saying if republicans do not agree to some higher tax rates for the wealthy, the nation will go over the fiscal cliff, and the american people will hold them responsible. democrats also take issue with the proposal's spending cuts to medicare and social security. republican counter that tough cuts are needed to tackle the soaring debt, leaving washington locked in a stalemate, less than a
and the gop go to the mat before the second term has even begun. will america fall over the fiscal cliff? grover norquist, possible public enemy number one to the public, takes on robert reish after the break. who do you think i am, quicken loans? ♪ at quicken loans, our amazingly useful mortgage calculator app allows you to quickly calculate your mortgage payment based on today's incredibly low interest rates... right from your iphone or android smartphone. one more way quicken loans is engineered to amaze. ♪ is engineered to amaze. when you take a closer look... ...at the best schools in the world... ...you see they all have something very interesting in common. they have teachers... ...with a deeper knowledge of their subjects. as a result, their students achieve at a higher level. let's develop more stars in education. let's invest in our teachers... ...so they can inspire our students. let's solve this. ♪ ♪ [ male announcer ] everyone deserves the gift of all day pain relief. this season, discover aleve. all day pain relief with just two pills. this season, discover aleve. a
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to avoid the fiscal cliff almost asap. was it because it was a bad deal but his favorite deal could be no deal at all. i feel like i am playing let's make a deal. remember that show? >> steve: meanwhile fascianista and mentor about to get a major promotion from the president? is she qualified to be a u.s. ambassador and run an embassy? we ask you ladies and gentlemenn of the jury. >> brian: she would be best dressed. fired for being a man. bell ringer was silenced because the girls bring in more christmas cash. is that true? "fox and friends" starts right now. ♪ >> steve: welcome aboard, folks. live from studio e. brian has a lot of friend exercise family members that watch the program. call him throughout the program today, because unbeknowns to you. prian cell phone has fallen through a hole of the jacket pocket and stuck in the lining. >> brian: it dropped through the lining and a secret passage. >> gretchen: give me that coat. >> brian: this is how i function. >> gretchen: somebody get scissors . i can feel the calls coming through. >> brian: there we go. hole in the pocket bu
washington bickers over the fiscal cliff and who's going to pay more in taxes, in great britain, lawmakers are telling some american companies it is time to start paying their fair share there in the uk. even throwing around terms such as shame, outrageous when talking about it. executives from google, amazon, and starbucks all appeared before a parliamentary committee looking into how international companies minimize the tax they pay in the uk. richard quest is in london to explain it all. now, richard, not necessarily talking about tax evasion here. it's more like avoidance, minimization, what's the concern? >> reporter: that's exactly the point. the companies are not breaking the law, not doing anything wrong. the accounts committee described their actions as immoral claiming they have r. so arranging their tax affairs so as to pay no tax in the country where the money is earned. this applies to google, which uses ireland, applies to amazon, on the continent, and it applies to starbucks in amsterdam. what we learned is how these companies arrange their affairs. so even though the latte
that if this is not good enough for the white house, we will go over the fiscal cliff. >> the white house rejects a republican counter offer. >> john boehner sent a proposal that offers more than $2 trillion in deficit reductions but no tax increase. >> he will not sign an extension of the bush era tax cuts for the top 2%. >> folks worried about the fiscal cliff, are you like me? are you worried about it and have no idea what it is? >> according to state tv iran's revolutionary guard captured a u.s. drone after it entered the iriranian air space over the persian gulf. >> but u.s. navy official says there are no missing drones. >> prince william and his wife katherine, expecting their first child. >> after the duchess was admitted to hospital. >> that child could grow up to be one of the most powerful unemployed people in the world. >> a search is under way in new york for a man accused of pushing another man to his death in the subway. >>> rg3, he made opportunities. >> 17-16 washington redskins. >> all that -- >> why don't you shut up? >> you are an embarrassment. >>
, theman some democrats blame for the fiscal cliff impasse, grover norquist, president of americans for tax reform. and the many ands a finger to about fixing it, michael reagan, founder of the reagan group. i wantto start with the republicans plan that they put on the table. they have been accused of doing nothing and all. they come up with their own plan which inclus 800 billion in revenue from closing loopholes and eliminating deductions and then 1 billion in spendin cuts. it is being rejected from the get go by democrats. grover, what do you say? >> i think the republicans had a very good pl called lorraine budg. they alloted for it in the house. itsaves $6 trillion over the same decade, and they did not raise taxes and all. i really think of the president is not iterested in compromising, and not sure it is wise with the republicans to keep moving in his direction. i suppos it ge you five minutes on the nightly news to say you are being reasonable, but the president keeps saying he jst wants massive tax increase no spendin cus. he wants to increase spending as part of this deal. the pr
've heard about fiscal cliff, but what does it mean to you? owe coming up latest plans both sides offered to avoid it and how much it would cost a family if the nation takes the plunge. >> and what do members of congress and car salesmen have in common? results of a new survey about trust. >>> in an attempt to break the budget stalemate, congressional republicans proposed reducing the debt. >> it did not include taxes on the rich. >> yes. speaker of the house john boehner not willing to budge on demands to end the bush year tax cuts but is offering a 2.to kbrinl reduction plan as a counter proposal to ending breaks. this afternoon, house speaker spent the president a letter outlining $800 billion through tax reform. but the cuts remain in place. the plan calls for $600 billion in savings from health sources, $300 billion in additional mandatory savings. sound vague to you? abc 7 political analyst says that is part of the game. >> every time you make cuts at this point, you're affecting some constit twensys going to get mad at you. >> the president is asking for $1.6 trillion in new revenu
irrespective of any fiscal cliff talk. this is all thanks to obamacare? >> yeah, that's exactly right, megyn. there was a surtax in the health care law, supposedly to pay for medicare, but they raised it -- they raided the money out of medicare before it even arrived to pay for the new obamacare spending. it's 0.9% additional medicare tax on wages of high income earners, and it is 3.8% on all unearned income, so capital gains, dividends, rental income, interest, any other unearned income has this new 3.8% surtax, and that's on top of whatever might happen in these fiscal cliff talks. megyn: so that is happening. if you make $200,000 as an individual or 250 as a family, it's happening as of january 1. >> well, looks that way. my parsing of speaker boehner's offer in the fiscal cliff talks is that this is going to happen no matter what. they talked about holding the line -- megyn: no, wait, wait, wait, let me interrupt because i just don't want to confuse the two, because all the taxes are confusing. i'm saying this surtax, this .9 income tax surtax, and then this 3.8% surtax on nearly all cap
republicans send the president a fiscal cliff counter offer. but will it break the stalemate? plus, searching for answers. after police say a pro-football player murdered his girlfriend. then offed himself. >> this is a real tragedy, horrible tragedy. >> it's been a very big for our challenge and for our family. >> shepard: now, witnesses and police describing how it happened. >> they talked for a little bit and that's when he shot himself. >> tonight questions about the motive and what went down before the shooting began? >> plus, the race to save a little girl. >> we have searched for these -- the location of these individuals, both locally and out of state. >> a mother accused of sneaking her sick daughter out of the hospital and if doctors don't soon treat the girl, police say she could be dead within days. and wonder what you a dutches for her baby shower. prince william's wife kate is expecting a child. tonight great britain prepares to welcome a future monarch. but first from fox this monday night. the murder-suicide that has stunned pro-football. the kansas city chief players and fans
.s. military. >>> trading underway on wall street as investigators continue to monitor ongoing fiscal cliff negotiations. dow is up 22 points. we'll take you live to jane >>> welcome back. you can see light rain in the green there all the way over to cloverdale heading north out of windsor towards cloverdale you are going to run into slick streets. rain mainly in the north bay more widespread from noon into 4:00 the rest of us will get light rain into the evening. this time tomorrow will be the most difficult commute because of the wet weather, scattered showers tomorrow afternoon, drier for thursday and friday. >>> 6 life can't be terrible for either, all next right here on "good morning america." >> should we be singing you're the one i want, you're the one i want? >> no. well done, we have john travolta, olivia newton john news that is also ahead, we've got it all covered. >> this three-part harmony would be two-part harmony. >> come on let's hear it. >>> 6:46. u.s. navy denying claims that iran has captured a drone. spokesman says no american drones are missing in the mideast now that w
Search Results 0 to 20 of about 21 (some duplicates have been removed)